
Los Angeles, California 91040
This property presents a High-Potential Investment Opportunity with a List Price of $999,000—positioned well below the $894,379 Fair Market Value by -11%. Featuring a Fair Condition Rating, the home requires significant TLC, yet offers immense upside through its ADU conversion potential in the detached garage and a large 6,720 sqft lot with a pool and mountain views. This asset is ideal for Fix-and-Flip Investors or Contractors seeking a value-add project in a quiet, private setting.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8254 Oswego Street Subject | $999,000* List Price | 2 | 2 | 1,016 | $880 | - |
A 10851 Scoville Avenue Sold | $800,000 | 3 | 2 | 910 | $879 | 0.3 mi |
B 10309 Mcvine Avenue Sold | $825,000 | 3 | 2 | 1,179 | $700 | 0.4 mi |
C 8001 Wentworth Street Sold | $915,000 | 3 | 2 | 1,189 | $770 | 0.5 mi |
D 11009 Quill Avenue Sold | $807,000 | 2 | 2 | 1,060 | $761 | 0.5 mi |
E 8545 Forsythe Street Sold | $835,000 | 3 | 2 | 1,083 | $771 | 0.5 mi |
F 8444 Grenoble Street Pending | $750,000 List Price | 3 | 2 | 1,040 | $721 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1947 (77 years old) with no evidence of major renovations in the last 30 years. The interior shows heavily dated and stained carpeting, window AC units indicating a lack of central HVAC, and the listing explicitly mentions needing 'TLC.' The exterior stucco and pool deck show visible cracking and wear, suggesting the property requires a full rehab to meet modern standards.
The property features a sparkling pool, a private walled backyard with a pond, and scenic mountain views, offering a premium outdoor lifestyle for relaxation and entertaining.
The detached large garage already includes a 3/4 bathroom and laundry room, providing a significant head start for a guest house, home office, or ADU conversion.
With dedicated space for RVs, multiple cars, and recreational 'toys,' the property caters perfectly to buyers with specialized storage needs on a quiet, private street.
The listing explicitly mentions the need for 'TLC,' indicating that the 1947-built home requires additional investment in repairs and updates to reach its full potential.
At 1,016 square feet, the living area is relatively compact for the price point, which may be a drawback for buyers seeking more spacious indoor accommodations.
Summer is here! Move right in and enjoy the sparkling pool. 2 bedrooms, 1 & 3/4 bathrooms, large back yard completely walled for privacy. Built-in covered deck for relaxing and having fun times.Mature palm trees and a pond for your favorite fish friends. Lots of potential. Detached, large garage with 3/4 bathroom and laundry room. Could be office or maybe ADU. Lots of parking for RV's, cars, or toys. Quiet, private street. Beautiful mountain views. Outdoor covered patio has great potential. With a little TLC this home could be awsome.
No exterior & parking available.
Grades K-5 • 0.1 mi
Grades K-5 • 0.6 mi
Grades K-5 • 3.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,016 | 1,672 |
| Lot Size | 6,720 | 6,067 |
| Price | $999.0K | $1.37M |
| Price per sq ft | $983 | $801 |
| Built year | 1947 | 1939 |
| HOA | $0 | $348 |
| Days on market | 27 | 56 |
Jun 25, 2026
$999,000
Initial Listing
Jul 5, 2005
$460,000
Public Record